Green Property Loans

/Green Property Loans
Green Property Loans2015-08-17T23:01:33-07:00

Multifamily property owners have a complex set of challenges when it comes to utility costs. Increasing energy efficiency can make a positive impact on the cost of the electricity you provide for common tenant areas as well as your ability to attract and retain good tenants.

We partner with River City Bank to offer Green Property Loans that remove the financial barrier to energy upgrades.

For loans from $10,000 to $265,000, simply:

  • Get a no-cost property assessment from an energy expert
  • Submit a loan application
  • Choose and implement your project with a qualified contractor
  • Receive loan and collect rebates averaging 25-60% of project costs

Loan Details:

  • 5% interest rate (subject to change)
  • $10,000 – $265,000 projects
  • 5-10 year terms
  • Secured with a UCC-1 fixture filing
  • $250 non-refundable bank fee
  • Credit subject to bank approval; normal credit standards apply
  • Loan term of 5 years for up to $7,500, or the option of 10 years for larger projects
  • Make loan payments on your utility bill
  • Subject to credit review; not all borrowers will qualify
  • Program FAQs

More questions? Check our Frequently Asked Questions.

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Call us at (415) 464-6033